OPEN-SOURCE SCRIPT
Daily TQQQ Trend Strategy (Ultra-Discreet Text Signals)
✅ TradingView Description (Professional + Clean)
Daily TQQQ Trend Strategy (Ultra-Discreet Text Signals)
This indicator provides clean, minimalistic trend-following signals designed for traders who want confirmation without cluttering the chart.
Instead of using arrows, boxes, or colored shapes, this script prints tiny text labels (“Buy – trend strong” / “Sell – trend weakening”) directly on the price chart. These messages are intentionally discreet so they do not interfere with existing indicators, automated systems, or visually busy setups.
🔍 How It Works
The indicator analyzes the market using three well-established components:
1. Trend Direction (EMA 8 & EMA 20)
• Buy condition: price above both EMAs
• Sell condition: price below both EMAs
2. Momentum Confirmation (MACD)
• Buy: MACD line > Signal line
• Sell: MACD line < Signal line
3. Strength Filter (RSI 14)
• Buy: RSI above 50 (bullish strength)
• Sell: RSI below 50 (weakening momentum)
Only when all conditions align does the indicator print a discreet buy or sell label.
🧭 Signal Types
Buy – trend strong
Appears below the candle when overall trend, momentum, and strength all turn bullish.
Sell – trend weakening
Appears above the candle when trend and momentum show weakness and downside pressure increases.
Daily TQQQ Trend Strategy (Ultra-Discreet Text Signals)
This indicator provides clean, minimalistic trend-following signals designed for traders who want confirmation without cluttering the chart.
Instead of using arrows, boxes, or colored shapes, this script prints tiny text labels (“Buy – trend strong” / “Sell – trend weakening”) directly on the price chart. These messages are intentionally discreet so they do not interfere with existing indicators, automated systems, or visually busy setups.
🔍 How It Works
The indicator analyzes the market using three well-established components:
1. Trend Direction (EMA 8 & EMA 20)
• Buy condition: price above both EMAs
• Sell condition: price below both EMAs
2. Momentum Confirmation (MACD)
• Buy: MACD line > Signal line
• Sell: MACD line < Signal line
3. Strength Filter (RSI 14)
• Buy: RSI above 50 (bullish strength)
• Sell: RSI below 50 (weakening momentum)
Only when all conditions align does the indicator print a discreet buy or sell label.
🧭 Signal Types
Buy – trend strong
Appears below the candle when overall trend, momentum, and strength all turn bullish.
Sell – trend weakening
Appears above the candle when trend and momentum show weakness and downside pressure increases.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.